undamentalytics Newsletter
Sign in

Gen Digital Inc. (GEN) stock

Add to watchlist

Add holding +

NASDAQ: GEN Nasdaq Systems Software Next results ~February 4, 2027

B Fundamentals grade

Gen Digital provides consumer cyber safety and trust-based products through brands including Norton, Avast, LifeLock and MoneyLion. Its offerings cover security and device-performance software, virtual private networks and other privacy tools, identity-theft protection and restoration, digital reputation management, and personal finance products. Comprehensive plans are sold under Norton 360 and Avast One, alongside standalone point solutions.

Customers are individuals, families and small businesses. The company earns money mainly from subscriptions — most on annual terms, some monthly — sold directly through its websites and apps or via partners such as retailers, telecoms operators and employee-benefit providers. Free versions, notably under Avast, aim to convert users to paid tiers. Its Engine by Gen marketplace connects consumers with more than 600 third-party financial providers across lending, insurance, credit and banking.

Gen reports two segments: Cyber Safety Platform and Trust-Based Solutions. It sells in more than 150 countries and had roughly 500 million users as of 3 April 2026, about 79 million of them paying customers. US identity plans under LifeLock include reimbursement cover of up to $3 million.

Based on Gen Digital Inc.'s 10-K filed May 21, 2026.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($79.76) is 2.72x the share price ($29.32) and 2.03x the median of our other models ($39.32); the other models don't support a gap this wide.

Price vs value

Under review: our cash-flow value ($79.76) is 2.72x the share price ($29.32) and 2.03x the median of our other models ($39.32); the other models don't support a gap this wide. We'll show the comparison once resolved.

Gen Digital Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Gen Digital files

10-Q filed October 29: Gen Digital

Gen Digital's revenue reached $5.23bn in the twelve months to October 2026, up 16.9% on a year earlier but a step down from the 20.2% growth recorded a quarter earlier. Profitability continued to improve: free-cash-flow margin climbed to 33.7% from 29.1%, while operating margin widened to 41.8% from 37.4%. Buybacks have also played their part, with the diluted share count down 2.4% on a year ago, boosting the value attributable to each remaining share. Against this backdrop, our cash-flow model puts fair value at $78.44 a share, well above the current price of $29.13. The rating stays Buy.

Our model value for Gen Digital is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed August 7: Gen Digital

Gen Digital's revenue reached $5.23bn over the twelve months to July 2026, a 16.9% increase on the prior year. That pace has eased from the 20.2% growth recorded a quarter earlier, suggesting the top line is settling into a steadier rhythm. Profitability, however, kept improving. Free-cash-flow margin climbed to 33.7%, up from 29.1% a year before, while operating margin widened to 41.8% from 37.4%, pointing to better cost control and a more efficient business overall. Meanwhile, the diluted share count fell 2.4% year on year, a reduction that concentrates the same earnings and cash flow across fewer shares. Taken together, slower growth has been offset by stronger margins and a smaller share base, leaving the underlying picture for shareholders more favourable than the revenue figure alone suggests.

10-Q on SEC EDGAR

Where Gen Digital stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $5.08bn, up 20.2% on a year earlier, slower than 27.1% a quarter earlier. Free-cash-flow margin fell to 30.5% from 31.9% a year earlier. Operating margin widened to 41.7% from 38.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 0 of our 5 financial-health checks.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 4, 2027 (estimated)

Gen Digital Inc.'s trailing-twelve-month revenue grew 16.9% year on year, with a free-cash-flow margin of 33.7%. Where it stands out: operating margin of 41.8% ranks 2 of 34 systems software companies we cover. Where it lags: long-term debt as % of assets of 45.3% ranks 22 of 23 systems software companies we cover.

Our discounted-cash-flow model values the business at ~$80 per share in the base case (~$57–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 35.7% while net income grew 111.6%: a 76pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 16.9% over the last 12 months, against a median of 16.9% for systems software companies we cover.
  • High operating margin. 41.8% of revenue is left as operating profit, against a median of 3.8% for systems software companies we cover.
  • Margins widening. Operating margin is up 4.4 points on a year ago.
  • Strong cash generation. 33.7% of revenue turned into free cash flow, against a median of 17.3% for systems software companies we cover.
  • Shrinking share count. Diluted shares fell 2.4% in a year, so each share owns more of the business.

Things to watch

  • Growth easing. The growth rate is 3.3 points lower than a quarter earlier.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 45.3% ranks 22 of 23 systems software companies we cover (median 4.3%).
  • Below peers: change in growth rate. Change in growth rate of -3.3pp ranks 28 of 37 systems software companies we cover (median -0.3pp).

Latest results: FY2027 Q2

Filed October 29, 2026
Earnings per share
$0.74 against an average estimate of $0.72: beat by 2.9%
Revenue
$1.37bn, up 12.2% on a year earlier
Share reaction
+16.3% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Guidance given
revenue $1.37bn to $1.39bn (Q3 FY27); EPS $0.73 to $0.75 (Q3 FY27)
Next report
October 28, 2026; average EPS estimate $0.74

Gen Digital's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.6%
  • 1 week+22.4%
  • 1 month+35.9%
  • This year+11.6%
  • 1 year+15.7%
  • 5 years+30.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.2B
Operating margin
41.8%
Net margin
23.1%
EPS (TTM, diluted)
$1.98

Growth

Revenue growth
+16.9%
Change in growth rate
−3.3 pts
Share count change
−2.4%

Cash

Free cash flow (TTM)
$1.8B
FCF margin
33.7%
Stock pay % of revenue
4.3%

Earnings

Last results
October 28, 2026
Next results (est.)
February 4, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Guidance
  2. Results
  3. Guidance
  4. Announcement
  5. Leadership
  6. Results
  7. Announcement
  8. Announcement
  9. Announcement
  10. Shareholder vote
  11. Announcement
  12. Insider trade
  13. Insider trade
  14. Insider trade
  15. Announcement
  16. Insider trade
  17. Guidance
  18. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Gen Digital Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($79.76) is 2.72x the share price ($29.32) and 2.03x the median of our other models ($39.32); the other models don't support a gap this wide.

Our value per share comes from a discounted-cash-flow model of Gen Digital Inc.'s free cash flow after stock-based pay ( $1.8B, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Gen Digital Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.09 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$80 ~$57–$110 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$59 ~$41–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$20 ~$17–$23 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Gen Digital Inc. with Systems Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$8.77$14.81$12.61$11.37$15.95$19.13$24.51$15.96$21.38$25.70$18.71$29.89
Market value$5.9bn$9.2bn$8.4bn$7.2bn$10.3bn$11.5bn$14.5bn$10.0bn$13.7bn$16.0bn$11.6bn$18.2bn
+ Net debt (− = net cash)−$3.7bn$4.1bn−$1.8bn$2.7bn$2.1bn$2.7bn$1.9bn$9.1bn$7.9bn$7.3bn$7.9bn$7.6bn
Enterprise value$2.1bn$13.2bn$6.6bn$9.9bn$12.3bn$14.2bn$16.3bn$19.1bn$21.6bn$23.4bn$19.4bn$25.8bn
Multiples
Price / sales 1.6x2.3x3.3x2.9x4.1x4.5x5.2x3.0x3.6x4.1x2.3x3.5x
Price / earnings 2.4x—7.4xn/m2.6x20.7x17.3x7.5x22.6x24.9x11.9x15.1x
Price / free cash flow 11.1x—10.4x5.6x—16.4x15.0x13.3x6.7x13.3x7.6x10.3x
EV / EBITDA 2.8x33.7x13.7x12.8x17.2x13.5x14.3x12.4x13.5x11.5x7.4x9.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

70 /100

Strong moat

How hard Gen Digital's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 14 / 20

    Cash operating profit has been a median 11.2% of total assets over 10 years.

  • Pricing power 19 / 20

    Gross margin has been a median 81.7%, moving by 2.9 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median 30.7%; its worst year was -5.4%.

  • Cash conversion 19 / 20

    Free cash flow was positive in 9 of 10 years, at a median 31.4% of revenue.

  • Discipline 13 / 20

    The diluted share count rose 2.8% over five years; stock-based pay has been a median 4.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (75 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.95 +15% $5.5bn +9%
Next $3.32 +13% $5.8bn +7%

Next year's EPS estimate has moved +1.0% in 90 days, across 11 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.0% on 90 days ago. In the last 30 days, 1 analyst raised Gen Digital Inc.'s forecast and 0 cut it.

Consensus EPS forecast Gen Digital Inc., last 90 days
$2.80 $3.00 $3.20 $3.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.90 Current fiscal year, 60 days ago: $2.92 Current fiscal year, 30 days ago: $2.92 Current fiscal year, 7 days ago: $2.95 Current fiscal year, Now: $2.95 $2.95 Next fiscal year, 90 days ago: $3.29 Next fiscal year, 60 days ago: $3.30 Next fiscal year, 30 days ago: $3.31 Next fiscal year, 7 days ago: $3.32 Next fiscal year, Now: $3.32 $3.32

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.90$3.29
60 days ago $2.92$3.30
30 days ago $2.92$3.31
7 days ago $2.95$3.32
Now $2.95$3.32

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.72 $0.74 +2.9%
Jun 2026 $0.69 $0.71 +3.0%
Mar 2026 $0.65 $0.67 +3.4%
Dec 2025 $0.63 $0.64 +1.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 28, 2026
  • Revenue FY27 $5.465bn to $5.515bn Non-GAAP Raised
    “FY27 Revenue expected to be in the range of $5.465 billion to $5.515 billion, compared to prior guidance of $5.375 billion to $5.475 billion” source
  • Revenue Q3 FY27 $1.365bn to $1.39bn Non-GAAP
    “Q3 FY27 Revenue expected to be in the range of $1.365 billion to $1.390 billion” source
  • EPS FY27 $2.93 to $2.98 Non-GAAP Raised
    “FY27 EPS expected to be in the range of $2.93 to $2.98, compared to prior guidance of $2.87 to $2.97” source
  • EPS Q3 FY27 $0.73 to $0.75 Non-GAAP
    “Q3 FY27 EPS expected to be in the range of $0.73 to $0.75” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Gen Digital Inc.'s revenue by +10.1% next year and +11.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+8.1%, weight 67%) and the company's own record (+14.3%, weight 33%) . How the weights are set.

Analyst recommendations

11 analysts, Oct 2026
Buy545%
Hold655%
Sell00%

Monthly trend

  1. Oct 20265611
  2. Sep 20264610
  3. Aug 20264610
  4. Jul 20265611

Counts of recommendations published by analysts covering Gen Digital Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.3%
of tradable shares
Days to cover
2.66
at average volume
Short interest, 1 month
−4%
to October 15, 2026
Held by institutions
95%
of shares
Held by insiders
9.7%
of shares
Employees
3,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +15.7%

$25.84 on October 31, 2025 to $29.89

ThenNowEffect
Revenue (last 12 months) $4.2bn $5.1bn +20.2%
Net margin 14.1% 20.7% +46.8%
P/E multiple 27.0x 17.4x −35.4%
Share count 623m 614m +1.5%

Biggest factor: p/e multiple.

Last 3 years +79.8%

$16.62 on November 3, 2023 to $29.89

ThenNowEffect
Revenue (last 12 months) $3.6bn $5.1bn +42.9%
Net margin 37.2% 20.7% −44.2%
P/E multiple 8.0x 17.4x +118.4%
Share count 634m 614m +3.3%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
GEN+28%−16%+9%+22%+1%+12%
Industry peers (median)+21%−48%+33%+23%−1%+26%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
GEN58%42%67%75%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
GEN−17%−34%−34%−18%−21%−34%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 48% from February 9, 2022 to May 16, 2023. Getting back needed a 94% gain, reached on October 31, 2024, 534 days after the low.

Price behaviour

52-week range
$17.72 – $31.41
From 52-week high
−4.8%
vs 50-day average
+12.7%
vs 200-day average
+23.5%
Volatility (1 year)
43%
Beta vs S&P 500
0.73

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±8.1%
After a week
9 up, 2 down
typical move ±9.4%
After a month
9 up, 2 down
typical move ±10.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 +16.3% 0.0% — —
August 6, 2026 +4.4% +0.5% +5.8% +10.1%
May 7, 2026 +16.0% +0.5% +18.5% +32.9%
February 5, 2026 +5.8% +0.6% +2.7% −1.1%
November 6, 2025 −0.3% −1.0% +3.4% +4.4%
August 7, 2025 +6.1% +0.7% +9.8% +4.7%
May 6, 2025 +8.0% −0.4% +12.9% +13.5%
January 30, 2025 −2.6% 0.0% +0.3% +0.5%
October 30, 2024 +7.4% −2.3% +7.4% +14.3%
August 1, 2024 −3.2% −3.3% −4.8% +2.3%
May 9, 2024 +17.2% +0.7% +26.9% +22.9%
February 1, 2024 −9.6% +2.4% −11.1% −7.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Gen Digital Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look cheap

Option prices imply less movement than the shares have recently shown. Selling options pays little for the risk taken.

  • Implied is 0.74× the last 60 days’ realised volatility , richer than 2% of the 229 stocks we screen today.
  • Why: implied is below 60-day realised: selling options pays little for the risk taken.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Gen Digital Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Gen Digital Inc.
$3.5B $4B $4.5B $5B $5.5B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $3.8B Revenue (TTM), FY24 Q4: $3.8B Revenue (TTM), FY25 Q1: $3.8B Revenue (TTM), FY25 Q2: $3.9B Revenue (TTM), FY25 Q3: $3.9B Revenue (TTM), FY25 Q4: $3.9B Revenue (TTM), FY26 Q1: $4.2B Revenue (TTM), FY26 Q2: $4.5B Revenue (TTM), FY26 Q3: $4.7B Revenue (TTM), FY26 Q4: $5B Revenue (TTM), FY27 Q1: $5.1B Revenue (TTM), FY27 Q2: $5.2B $5.2B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $3.8B
FY24 Q4 $3.8B
FY25 Q1 $3.8B
FY25 Q2 $3.9B
FY25 Q3 $3.9B
FY25 Q4 $3.9B
FY26 Q1 $4.2B
FY26 Q2 $4.5B
FY26 Q3 $4.7B
FY26 Q4 $5B
FY27 Q1 $5.1B
FY27 Q2 $5.2B
Revenue growth, TTM YoY Gen Digital Inc.
0% 10% 20% 30% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: 21.1% Revenue growth, TTM YoY, FY24 Q4: 14.6% Revenue growth, TTM YoY, FY25 Q1: 7.6% Revenue growth, TTM YoY, FY25 Q2: 2.7% Revenue growth, TTM YoY, FY25 Q3: 3.4% Revenue growth, TTM YoY, FY25 Q4: 3.6% Revenue growth, TTM YoY, FY26 Q1: 10.6% Revenue growth, TTM YoY, FY26 Q2: 16.2% Revenue growth, TTM YoY, FY26 Q3: 21.5% Revenue growth, TTM YoY, FY26 Q4: 27.1% Revenue growth, TTM YoY, FY27 Q1: 20.2% Revenue growth, TTM YoY, FY27 Q2: 16.9% 16.9%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 21.1%
FY24 Q4 14.6%
FY25 Q1 7.6%
FY25 Q2 2.7%
FY25 Q3 3.4%
FY25 Q4 3.6%
FY26 Q1 10.6%
FY26 Q2 16.2%
FY26 Q3 21.5%
FY26 Q4 27.1%
FY27 Q1 20.2%
FY27 Q2 16.9%
Operating margin (TTM) Gen Digital Inc.
25% 30% 35% 40% 45% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 27.9% Operating margin (TTM), FY24 Q4: 29.2% Operating margin (TTM), FY25 Q1: 30.6% Operating margin (TTM), FY25 Q2: 40.2% Operating margin (TTM), FY25 Q3: 40.9% Operating margin (TTM), FY25 Q4: 40.9% Operating margin (TTM), FY26 Q1: 38.8% Operating margin (TTM), FY26 Q2: 37.4% Operating margin (TTM), FY26 Q3: 36.7% Operating margin (TTM), FY26 Q4: 42.4% Operating margin (TTM), FY27 Q1: 41.7% Operating margin (TTM), FY27 Q2: 41.8% 41.8%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 27.9%
FY24 Q4 29.2%
FY25 Q1 30.6%
FY25 Q2 40.2%
FY25 Q3 40.9%
FY25 Q4 40.9%
FY26 Q1 38.8%
FY26 Q2 37.4%
FY26 Q3 36.7%
FY26 Q4 42.4%
FY27 Q1 41.7%
FY27 Q2 41.8%
FCF margin (TTM) Gen Digital Inc.
20% 30% 40% 50% 60% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 25.8% FCF margin (TTM), FY24 Q4: 53.8% FCF margin (TTM), FY25 Q1: 54.5% FCF margin (TTM), FY25 Q2: 55.1% FCF margin (TTM), FY25 Q3: 54.8% FCF margin (TTM), FY25 Q4: 30.6% FCF margin (TTM), FY26 Q1: 31.9% FCF margin (TTM), FY26 Q2: 29.1% FCF margin (TTM), FY26 Q3: 32.1% FCF margin (TTM), FY26 Q4: 30.5% FCF margin (TTM), FY27 Q1: 30.5% FCF margin (TTM), FY27 Q2: 33.7% 33.7%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 25.8%
FY24 Q4 53.8%
FY25 Q1 54.5%
FY25 Q2 55.1%
FY25 Q3 54.8%
FY25 Q4 30.6%
FY26 Q1 31.9%
FY26 Q2 29.1%
FY26 Q3 32.1%
FY26 Q4 30.5%
FY27 Q1 30.5%
FY27 Q2 33.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Gen Digital took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $5B
  2. Cost of revenue $1.1B · 21.5%
  3. Gross profit $3.9B · 78.5%
  4. Research and development $409M · 8.2%
  5. Selling, general and admin $1.2B · 24.6%
  6. Other operating costs $166M · 3.3%
  7. Operating income $2.1B · 42.4%
  8. Income tax $538M · 10.8%
  9. Interest and other $609M · 12.2%
  10. Net income $973M · 19.5%

Shares of revenue. Source: Gen Digital's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Apr 2010 2011 Apr 2011 2012 Mar 2012 2013 Mar 2013 2014 Mar 2014 2015 Apr 2015 2016 Apr 2016 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Apr 2020 2021 Apr 2021 2022 Apr 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Apr 2026 LTM Oct 2026
Income
Revenue 5,985 6,190 6,730 6,906 6,676 3,956 3,600 4,019 2,559 2,456 2,490 2,551 2,796 3,317 3,800 3,935 5,000 5,228
Gross profit 4,880 5,145 5,648 5,731 3,392 3,229 2,985 3,166 2,096 2,001 2,097 2,189 2,388 2,728 3,069 3,159 3,923 4,047
EBITDA 1,666 1,527 1,760 1,389 380 509 756 392 486 773 716 1,046 1,145 1,535 1,595 2,029 2,613 2,676
Operating income 933 880 1,104 1,106 144 154 457 −100 −154 158 355 896 1,005 1,206 1,110 1,610 2,120 2,186
Net income 714 597 1,187 755 898 878 2,488 −106 1,138 31 3,887 554 836 1,334 607 643 973 1,206
Diluted EPS $0.87 $0.76 $1.59 $1.06 $1.28 $1.26 $3.71 −$0.17 $1.70 $0.05 $6.05 $0.92 $1.41 $2.14 $0.95 $1.03 $1.57 $1.98
Growth (year on year)
Revenue −2.7% +3.4% +8.7% +2.6% −3.3% −40.7% −9.0% +11.6% −36.3% −4.0% +1.4% +2.4% +9.6% +18.6% +14.6% +3.6% +27.1% +16.9%
EBITDA — −8.3% +15.3% −21.1% −72.6% +33.9% +48.5% −48.1% +24.0% +59.1% −7.4% +46.1% +9.5% +34.1% +3.9% +27.2% +28.8% +25.6%
Operating income — −5.7% +25.5% +0.2% −87.0% +6.9% +196.8% −121.9% — — +124.7% +152.4% +12.2% +20.0% −8.0% +45.0% +31.7% +30.5%
Net income — −16.4% +98.8% −36.4% +18.9% −2.2% +183.4% −104.3% — −97.3% — −85.7% +50.9% +59.6% −54.5% +5.9% +51.3% +111.6%
Diluted EPS — −12.6% +109.2% −33.3% +20.8% −1.6% +194.4% −104.6% — −97.1% — −84.8% +53.3% +51.8% −55.6% +8.4% +52.4% +116.9%
Margins
Gross margin 81.5% 83.1% 83.9% 83.0% 50.8% 81.6% 82.9% 78.8% 81.9% 81.5% 84.2% 85.8% 85.4% 82.2% 80.8% 80.3% 78.5% 77.4%
EBITDA margin 27.8% 24.7% 26.2% 20.1% 5.7% 12.9% 21.0% 9.8% 19.0% 31.5% 28.8% 41.0% 41.0% 46.3% 42.0% 51.6% 52.3% 51.2%
Operating margin 15.6% 14.2% 16.4% 16.0% 2.2% 3.9% 12.7% −2.5% −6.0% 6.4% 14.3% 35.1% 35.9% 36.4% 29.2% 40.9% 42.4% 41.8%
Net margin 11.9% 9.6% 17.6% 10.9% 13.5% 22.2% 69.1% −2.6% 44.5% 1.3% 156.1% 21.7% 29.9% 40.2% 16.0% 16.3% 19.5% 23.1%
Free-cash-flow margin 24.1% 24.7% 24.0% 18.2% 16.3% 25.5% 14.7% −6.9% 31.6% 52.4% −38.2% 27.4% 34.6% 22.6% 53.8% 30.6% 30.5% 33.7%
Cash flow
Cash from operations 1,693 1,794 1,901 1,593 1,281 1,312 802 −209 950 1,495 −861 706 974 757 2,064 1,221 1,545 1,780
Capital spending 248 268 286 336 194 303 272 70 142 207 89 6 6 6 20 15 22 16
Free cash flow 1,445 1,526 1,615 1,257 1,087 1,009 530 −279 808 1,288 −950 700 968 751 2,044 1,206 1,523 1,764
Stock-based pay 155 145 164 164 105 131 161 440 610 352 312 81 70 134 138 133 237 225
Free cash flow after stock pay 1,290 1,381 1,451 1,093 982 878 369 −719 198 936 −1,262 619 898 617 1,906 1,073 1,286 1,539
Balance sheet
Cash 3,029 2,950 3,162 4,685 3,695 2,843 5,983 4,247 1,774 1,791 2,177 933 1,887 750 846 1,006 411 589
Total debt 1,871 2,583 2,039 3,100 2,100 2,100 2,250 8,310 — 4,500 4,250 3,620 3,747 9,899 8,716 8,355 8,275 8,185
Net debt (negative = net cash) −1,158 −367 −1,123 −1,585 −1,595 −743 −3,733 4,063 −1,774 2,709 2,073 2,687 1,860 9,149 7,870 7,349 7,864 7,596
Diluted shares 819m 786m 748m 711m 704m 696m 670m 618m 668m 632m 643m 600m 591m 624m 642m 624m 619m 609m
Returned to shareholders
Dividends — — — 0 418 413 3,030 222 211 217 7,481 373 303 314 323 313 312 310
Buybacks 553 872 893 826 500 500 1,868 500 0 234 1,581 304 0 904 441 272 634 771
Total returned 553 872 893 826 918 913 4,898 722 211 451 9,062 677 303 1,218 764 585 946 1,081

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 5 checks passed · October 2, 2026
What it owns · $15.5bn
Short-term assets $1.3bnLonger-term assets $14.3bn
What it owes, and who funded it · $15.5bn
Short-term liabilities $3.5bnLonger-term liabilities $9.3bnShareholders' equity $2.7bn
  • Short-term assets cover short-term liabilities $1.3bn of assets due within a year against $3.5bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.3bn short-term assets against $9.3bn of longer-dated liabilities.
  • More cash than debt $589m of cash against $8.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 296% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $1.8bn of operating cash flow against $8.1bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Gen Digital Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q2 TTM
Buybacks (TTM)
$771M
Dividends (TTM)
$310M
Returned to shareholders
61%
of free cash flow
Buybacks, last 3 fiscal years
$1.3B
Diluted share count
−2.4%
year over year
Total shareholder yield
6.1%
dividends 1.8% + buybacks 4.3% of market value
Dividend payout ratio
26%
of net income paid out
R&D spending
8.2%
of revenue
Days sales outstanding
28 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in systems software
Last 12 months unless stated GEN DOX PAGS FTNT ZS OKTA Median
Revenue, last 12 months $5.2bn $4.5bn $3.7bn $7.9bn $3.4bn $3.1bn $1.1bn
Revenue growth, last 12 months 16.9% −9.4% 4.3% 20.2% 25.4% 11.2% 16.9%
Revenue growth, 3-year average 11.7% −0.3% — 15.1% 27.5% 14.2% 16.1%
Revenue growth, latest quarter 12.2% −9.0% — 20.5% 24.9% 10.6% 19.6%
Gross margin 77.4% 38.0% 49.0% 79.7% 76.8% 78.1% 69.6%
Operating margin 41.8% 16.1% — 33.0% −4.0% 7.5% 3.7%
Operating margin, 3-year average 39.8% 14.0% — 30.8% −4.8% −0.1% 4.0%
Net margin 23.1% 12.5% 10.4% 29.0% −1.9% 9.6% 2.4%
Cash from operations / revenue 34.0% 16.5% 37.1% 46.8% 33.7% 32.1% 16.6%
Free-cash-flow margin 33.7% 14.2% 32.0% 43.5% 25.4% 31.9% 15.0%
Free-cash-flow margin, 3-year average 39.3% 16.3% 16.3% 34.5% 28.3% 29.3% 18.8%
Stock pay / revenue 4.3% 2.3% 0.5% 3.9% 24.5% 16.4% 8.2%
Change in share count −2.4% −3.8% −6.8% −3.7% 3.8% −1.4% 2.7%

Median of all 37 companies we cover in systems software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

37 systems software companies
Measure Company Peer median Rank
Revenue growth Growth 16.9% 16.9% 19 of 37
Change in growth rate Growth -3.3pp -0.3pp 28 of 37
Gross margin Profitability 77.4% 70.4% 12 of 32
Operating margin Profitability 41.8% 3.8% 2 of 34
Net margin Profitability 23.1% 2.4% 7 of 37
Free-cash-flow margin Cash generation 33.7% 17.3% 7 of 34
Stock pay as % of revenue Cash generation 4.3% 8.5% 16 of 36
Long-term debt as % of assets Balance sheet 45.3% 4.3% 22 of 23
Change in share count Balance sheet -2.4% 3.1% 7 of 34
Days sales outstanding Balance sheet 28 days 72 days 2 of 29

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to April 3, 2026
Products and services
Line of business Revenue Share YoY
Subscription and Service Revenue $5B 99.6% ▲ 26.6%
Net Interest Income On Notes Receivable $18M 0.4% —
Geography
Region Revenue YoY
Americas $3.5B ▲ 36.6%
United States $3.3B ▲ 40.3%
EMEA $1.1B ▲ 11.3%
Asia Pacific $406M ▲ 2.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Gen Digital Inc.'s 10-K filed May 21, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$13.6B
Institutions reporting
680
Shares held vs prior quarter
▲ 3.3%
Positions opened / closed
99 / 88

Top buyers and sellers, Q2 2026: 374 institutions bought and 299 sold ; the biggest buyer was Ameriprise Financial Inc (+7.8M shares) and the biggest seller Starboard Value LP (−7.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1.3B 53.4M 9.8% ▲ 0.9%
FMR LLC $1.2B 46.3M 8.5% ▲ 3.5%
Vanguard Capital Management LLC $888M 35.7M 6.5% ▲ 0.2%
State Street Corp $778M 31.2M 5.7% ▲ 5.9%
Vanguard Portfolio Management LLC $757M 30.4M 5.6% ▼ 3.0%
Ameriprise Financial Inc $690M 27.7M 5.1% ▲ 39.0%
Boston Partners $514M 20.7M 3.8% ▲ 38.8%
Geode Capital Management, LLC $392M 15.8M 2.9% ▲ 1.5%
First Trust Advisors LP $385M 15.5M 2.8% ▲ 4.5%
Arrowstreet Capital, Limited Partnership $335M 13.5M 2.5% ▲ 2.7%
Invesco Ltd. $326M 13.1M 2.4% ▼ 3.3%
LSV Asset Management $249M 10.0M 1.8% ▲ 12.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Gen Digital Inc.'s complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $216,864 2 trades by 1 insider, last 12 months Insider sales History → $21.9M 10 trades by 4 insiders · 4% under pre-set plans
Net ▼ $21.7M net selling
Insider Date Trade Shares Price Value
Ko Bryan Seuk COO, CLO and Secretary September 4, 2026 Sell pre-set plan 28,248 $30.67 $866,451
Vlcek Ondrej Director August 27, 2026 Sell 200,000 $30.00 $6M
Vlcek Ondrej Director August 25, 2026 Sell 152,358 $29.00 $4.4M
Vlcek Ondrej Director August 21, 2026 Sell 47,462 $29.00 $1.4M
Vlcek Ondrej Director August 19, 2026 Sell 100,000 $28.00 $2.8M
Witteveen Travis Michael Head of Products and Portfolio August 17, 2026 Sell 440 $28.06 $12,346
Witteveen Travis Michael Head of Products and Portfolio August 10, 2026 Sell 30,000 $29.42 $882,558
Vlcek Ondrej Director June 10, 2026 Sell 100,000 $24.78 $2.5M
Chrystal John C Director June 4, 2026 Buy 3,000 $27.06 $81,171
Derse Natalie Marie CFO February 17, 2026 Sell 794 $23.62 $18,754
Vlcek Ondrej Director December 10, 2025 Sell 113,674 $27.12 $3.1M
Chrystal John C Director November 13, 2025 Buy 5,000 $27.14 $135,693

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 7 trades and filings

In the last 12 months, 1 member of Congress disclosed 1 purchase and 0 sales of Gen Digital Inc. shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded April 14, 2026, filed May 8, 2026
  • Julie Johnson(D-TX 32):Sale (full), $1,001 - $15,000, traded October 22, 2025, filed November 14, 2025
  • Julie Johnson(D-TX 32):Purchase, $1,001 - $15,000, traded October 21, 2025, filed August 5, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 4, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • August 6, 2026
  • May 7, 2026
  • February 5, 2026
  • November 6, 2025
  • August 7, 2025

Recent SEC filings

Data status

When each part of this page on Gen Digital Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Gen Digital Inc. in brief

What does Gen Digital Inc. do?
Gen Digital Inc. is a US-listed company in the systems software industry. Its financial year ends in March.
What is Gen Digital Inc.'s stock ticker?
Gen Digital Inc. trades under the ticker GEN on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Gen Digital Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Gen Digital Inc. reported revenue of $5.2B, 16.9% higher than a year earlier, according to its SEC filings.
What is Gen Digital Inc.'s free cash flow?
Gen Digital Inc.'s free-cash-flow margin is 33.7% of revenue over the trailing twelve months, ranking 7 of the 34 systems software companies we cover.
Who are Gen Digital Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Gen Digital Inc. buying back stock, and does it pay a dividend?
Gen Digital Inc. spent $771M on share repurchases over the trailing twelve months, and its diluted share count fell 2.4% over the year.
What is Gen Digital Inc.'s market cap?
On November 2, 2026, Gen Digital Inc.'s market capitalisation was about $18.2B, with a price-to-earnings ratio of 15.1 and net debt of $7.6B. Market figures come from third-party market data and may be delayed.
Does Gen Digital Inc. pay a dividend?
Yes: Gen Digital Inc. paid $310M in dividends over the trailing twelve months, a dividend yield of 1.75% and a payout ratio of 25.7%.
How much debt does Gen Digital Inc. have?
Gen Digital Inc.'s debt-to-equity ratio is 296.1%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Gen Digital Inc.'s competitors?
In our Systems Software peer group, the companies closest to Gen Digital Inc. are Amdocs LTD, Pagseguro Digital Ltd., Fortinet, Zscaler, Inc. and Okta, Inc. The side-by-side comparison below sets their revenue, margins and growth against Gen Digital Inc.'s.
Are insiders buying or selling Gen Digital Inc. stock?
Over the last 12 months, Gen Digital Inc.'s directors and officers reported 2 open-market purchases and 10 sales on Form 4. The insider trading page charts every trade.
When is Gen Digital Inc.'s next earnings date?
Around February 4, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Gen Digital Inc. announces its own schedule.